Singapore-based Temasek Group and Hoang Anh Gia Lai Group Joint Stock Co (HAG) have recently signed a principle deal whereby Temasek will invest $55 million in HAG’s rubber industry. Two signatories are discussing terms of a detailed contract which is expected to be finished in June, Vo Truong Son, HAG’s deputy general director in charge [...]
Fullerton Financial Holdings Pte, a unit of Singapore’s Temasek Holdings Pte, bought a 15% stake in Vietnam’s Mekong Development Bank. Fullerton Financial Holdings Pte, a unit of Singapore’s Temasek Holdings Pte, bought a 15 %stake in Vietnam’s Mekong Development Bank. The purchase helped lift registered capital at the lender, based in the southern province of [...]
On August 31, the Board of Hoang Anh Gia Lai JSC (HAG) handed convertible bond – owned certificate for potential investor with total value of 1.1 trillion dong. Accordingly, the firm sold 1.1 million convertible bonds at par to Northbrooks Investments (Mauritius) Pte Ltd, a unit of Temasek Holdings (Singapore). The money from the issuance [...]
The well known Vietnamese Hoang Anh Gia Lai Group said it hopes legal procedures will be completed within August 2010 which allows it to sell $60 million worth of convertible bonds to Temasek Holdings, an investment corporation belonging to the Singaporean government. Chairman of Hoang Anh Gia Lai Group Doan Nguyen Duc revealed the information [...]
Indian Transport Minister Kamal Nath said he met with Temasek Holdings Pte to discuss the “idea” of setting up a fund to invest in roads, ports and airports as the country seeks to improve infrastructure. The minister said he met with the Singapore state-owned investment company on Wednesday, when asked about a Wall Street Journal [...]
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